propertytalk Live!

  • Increase font size
  • Default font size
  • Decrease font size
Home New Homes Forget Nimbys - here come the Yimbys (honest)

Forget Nimbys - here come the Yimbys (honest)

User Rating: / 0
PoorBest 

The dramatic slowdown in housebuilding during the recession has brought about a change in attitudes towards development, according to research by SmartNewHomes.com.

Where once Nimbyism (Not In My Back Yard) ruled, attitudes are changing.

In an independent national survey, more than 90% of respondents agreed that the UK needed more homes, with more than 60% saying they were "very concerned" that too few homes were currently being built.

This growing concern over lack of supply appears to have gone some way towards dampening the Nimby attitude which was synonymous with the homebuilding industry during the construction boom of the nineties.

A surprising 43% of respondents said they would not object to new homes being built in their local area.

The main reason people gave for their concern over the supply shortage was that their children, family and friends may not be able to afford to buy a home (86%). They were also worried about local people being priced out of the market in the area (61%) and the impact any major supply shortfall could have on prices.

David Bexon, Managing Director of SmartNewHomes.com, said: "It is clear that people are increasingly concerned by the lack of housebuilding, as they become more aware of the future implications of the supply crisis for them and their families.

"The fact that 43% of those surveyed said they would not object to new homes being built in their local area is quite remarkable, given traditional Nimby attitudes, and suggests a definite softening perception towards local development.

"We are facing a one million shortfall of homes in England by the end of next year, which will have a devastating effect on economic prosperity, wealth equality and public services, and is likely to bring about a second unsustainable house price boom. Softening attitudes from local communities towards development will help housebuilders achieve the planning consent they need, now that the industry is showing signs of recovery."

Have your say on this story using the comment section below

Property Software by Eurolink



Add this page to your favorite Social Bookmarking websites
Digg! Del.icio.us! Facebook! MySpace! Reddit! Mixx! Google! Live! Slashdot! Technorati! StumbleUpon! MySpace! Spurl! Furl! Yahoo!

Trackback(0)

TrackBack URI for this entry

Comments (0)

Subscribe to this comment's feed

Write comment

smaller | bigger

busy
 

Talkmail™

Sign-up to receive our newsletter.

Powered by MailChimp

Who's Online

We have 234 guests online

Latest Comments

Kevin McCloud to sup...
If government is really behind this initiative why...
Scottish property in...
I totally disagree with this article. I see stron...
Double-dip recession...
Ive stopped buying ive had a good run over the pas...
Double-dip recession...
I quite agree! We are waiting for stability from b...
Thousands may lose t...
There is no reason why people can demand to live i...

You can follow us!

  We Love Property on Facebook.com

 Buy propertytalk Live! merchandise at:

We Love Property on Cafepress.com

Advertisement

Featured Links: